Over 80% of population did not have basic infrastructure in 1994 so this "excess capacity" is totally bullshit based on the needs of White minority.
Eskom did not have excess capacity as claimed , everything remains in deficit up to this day , basics such as water and schools
🇿🇦 Philani Potwana, an employee at First National Bank, is credited with the innovation that made cardless ATM withdrawals possible — a breakthrough that changed banking globally.
His idea helped position FNB as the world’s most innovative bank in 2012. 🌍🏦
“I wanted people to withdraw money without bank cards. Little did I know the idea was a 1st in the world.”
A reminder that some of the world’s biggest innovations start with one simple idea. 👏🏽
There are alternative investors to the ones that need CONFIDENCE that the state will not build nor maintain public infrastructure.
Those who manufacture goods need state funded cheap & reliable elec, water, roads, rail, ports...not confidence not sentiments but infrastructure.
This is self serving and disingenuous. How the DA governs is totally informed by their ideology. Cape Town has a housing crisis. It’s DA ideology that led Zille to tell me using well located public land for affordable housing was “oversubsidising the poor”.
It’s this same ideology that led her to doggedly pursue the private sale of Tafelberg School even when we (me in the City) offered to purchase it from the Province for affordable housing.
It’s DA ideology about public assets that led Hill-Lewis to decide to sell the Good Hope Centre.
It’s DA ideology that led Smith to create a concentration camp in Strandfontein to “house” homeless people.
It’s dishonest to pretend ideology doesn’t influence how a city is governed and who gets to benefit.
@MainlandAfrica ABSIP ppl are “viewing” my profile there by that other App. Guess they’re not amused by assertion that such Summits are led by finance ppl, not even a single manufacturing and innovation leader here yet they’re supposedly inspiring the youth. Inspire them not to create…poppycock
We keep telling you IT’S AUSTERITY!!!
Austerity prolongs low growth and unemployment. This makes people not enjoy “the gains of democracy” and therefore turn away from it. You see this in ever declining voter turnout, for example.
JOBS AND GROWTH IS THE ANTIDOTE!!!
I do not understand why people believe propaganda that the state was bankrupt in 1994. Total debt was only 48% of GDP. foreign debt was only 3.7% of total debt There was no apartheid debt crisis
@ofctimallen Primary Bond sales don't actually borrow money. Instead, they convert the asset backing fiat-money from Reserves to Bank-owned Treasury Bonds--as this Ravel video shows.
There's much more to tell, but the paranoia over government debt is based on ignorance of the accounting.
When we talk about SOEs failure in SA, it is important to indicate the timeline and indicators of this failure.
When exactly did it happen and what KPIs used to measure this failure.
This approach is key to isolate not just people responsible but policy choices.
Sandile waMadzikane. What a brilliant educator you are. Here he breaks down some similar Xhosa and !Kora words and also mentions the links between all Southern African languages.
If you look at eThekwini, it has one of the deepest ports in Africa yet you cannot find ONE highschool or technical college or university geared towards servicing that port whether in Umlazi or Central Durban but somehow some short "Supplier Development Programme" will help
Some Xhosa surnames and clans are derived directly from Khoisan languages, genetics, and heritage
Xhosa tribes and clans continued... #xhosacouture ...Many Xhosa surnames, clan names (iziduko), and cultural practices are directly derived from Khoisan (Khoikhoi and San) heritage, particularly in the Eastern Cape.
This resulted from centuries of intermarriage, economic interaction, and the assimilation of smaller Khoisan groups into the expanding Xhosa nation, introducing clicks into the isiXhosa language and specific ancestral lineages.
Key Khoisan-Derived or Influenced Elements:
Clan and Family Names: Specific clans, such as AmaGqunukhwebe (derived from the Gonaqua), Sukwini (originally a Khoi clan), and Qoco, are historically identified as having Khoisan ancestry.
Geographical Naming Influence: Many place names and local names in the Eastern Cape originate from Khoisan languages, such as Gcuwa (Butterworth), Qumrha (Komga), Qoboqobo (Keiskammahoek), and Ngqushwa (Peddie).
Language & Clicks: The use of the three click consonants (!, //, /) in isiXhosa was adopted through deep contact with Khoe-San languages, which is not found in other Bantu language families.
Cultural Assimilation: The Gqunukhwebe and other groups were formally assimilated into the Xhosa cultural structure, adopting Xhosa traditions while retaining their distinct origin.
Genetic Admixture: Genetic studies and historical evidence suggest significant Khoisan genetic markers in many Xhosa-speaking people, especially those in the southern regions of the Eastern Cape.
The Name "Xhosa": Several studies suggest the name "Xhosa" itself is derived from a Khoi word, often interpreted as "angry men" or related to "we the people" (Khosa).
History of the Khoisans in South Africa - Right for EducationThe interaction was a mix of conflict and co-existence, with the AmaXhosa being agro-pastoralists while the Khoi were herders and the San were hunter-gatherers, all of whom shared in the creation of the modern, linguistically diverse Xhosa population.
3/6 This map from our most recent issue of the Western Cape Gang Monitor gives you an idea of how the extortion turf in the northern neighbourhoods of Khayelitsha was divided up, up until around February 2025:
As seen in this map, Nyalara controlled Site C while his ally "George" controlled a large portion of Site B, and his rival "Phiri" controlled a portion of Site B known as X section. Control of a territory means you and your subordinates have free rein to extort, rob, and deal drugs in the area under your control. When victims refuse to pay, they are threatened, attacked, kidnapped, or murdered. When gangs encroach on rival turf, it usually results in violence and murders and can escalate into a full-blown gang war.